Shreyans Industries Ltd

Shreyans Industries Ltd. – Company Report


1. Company Overview


Shreyans Industries Ltd., incorporated in 1979 and headquartered in Ludhiana, Punjab, is a long-established Indian manufacturer of writing and printing paper. Promoted by the Oswal family, the company operates two modern manufacturing plants located in Ahmedgarh (Sangrur district) and Banah (Nawanshaher district), Punjab. Shreyans Industries has built its business around eco-friendly operations, using agro-based raw materials such as wheat straw, bagasse, and sarkanda for pulp and paper production.

The company has received the National Productivity Award for five consecutive years, reflecting a sustained commitment to efficiency and quality. Shreyans Industries has implemented significant upgrades, including chemical recovery plants, captive power generation (over 10 MW total), continuous digesters, and advanced bleaching units, ensuring robust quality control and cost-effective operations.

  • Incorporated: 1979
  • Headquarters: Ludhiana, Punjab, India
  • Manufacturing Plants: Ahmedgarh and Banah, Punjab
  • Installed Paper Capacity: 94,000 tonnes per annum
  • Certifications: ISO standards, National Productivity Awards
  • Key Leadership: Oswal family; Chairman & MD – Rajneesh Oswal

2. Products and Services


  • Writing and Printing Papers

    • High Brightness Paper
    • Cream Wove and Azure Laid Papers
    • Offset Printing Paper
    • Copier Paper
    • Coloured Paper
    • Cover, Duplicating, Inland Letter, and Postal Envelope Papers
  • Industrial Applications

    • Used by publishers, textbook depots, government agencies, job printers, notebook/diary manufacturers, and stationery suppliers
  • Technology & Process Highlights

    • Integrated manufacturing with modern bleaching, oxygen delignification, online QCS, and DCS-based operations
    • Slitter/rewinder units, continuous upgradation for quality and energy efficiency
    • Captive chemical recovery and co-generation plants support sustainable operations

Shreyans Industries emphasizes environmentally responsible production, using agricultural residues as core raw material—a key differentiator for sustainability-focused clients.


3. Recent News and Financial Performance


  • Board meeting concluded and audited results declared for Q4 and FY2025.
  • Continued modernization investments and export market expansion despite industry challenges.

4. Financial Performance (FY2025)


Metric FY2025 Value
Revenue ₹634 crore
Net Profit ₹50.6 crore
Operating Profit Margin 11%
Net Profit Margin 8%
Earnings Per Share (EPS) ₹36.60
Return on Equity (ROE) 13%
Dividend Payout % 14%

Financial Summary

FY2025
MetricCompanyIndustry Avg.
Price / Sales0.530.89
EV / EBITDA4.186.82
Debt / Equity0.110.69
ROE %12.515.97
ROCE %16.1815.43
P / B0.761.14
Div Yld %1.282.42
P/E6.459.79
OPM %11.2713.35
Qtr Sales Growth YOY %6.93.02
Qtr Profit Growth YOY %23.8935.17
ROA LAST 12M %8.618.08
Prom. Hold. %50.5357.96
Sales 3Yrs CAGR %1.812.31
Sales 5Yrs CAGR %2.6811.21
Profit 3Yrs CAGR %72.0845.3
Profit 5Yrs CAGR %9.7236.45

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